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The overall volatility of Bitcoin yesterday was relatively volatile. The CPI was bullish in the evening and the currency price rose sharply in the short term. The accumulated emotions of the bulls broke out at this moment. While breaking the previous high and measuring the pressure, it once reached the 66400 mark in the early morning. The previous downward trend After being terminated, a strong rise was ushered in.
The development of any trend requires the cooperation of secondary rhythms. When the bulls continue to exert force, they must accumulate energy through corrections and launch a new upward attack. Adjustments here are inevitable again.
Operation suggestions:
Big pie: 66800~66300, see 65000
Auntie: Just synchronize, lock the points, and take good defense
5.10 Afternoon Analysis Bitcoin is currently surrounded by strong bullish sentiment. After a slight correction last night to test the bottom strong support, it continued to rise, and there was no decent correction during the session.
The current trend is still continuing to rise, so you must stay calm and do not chase high at this position to prevent a change in the market. Look at the correction first as the weekend approaches.
There is not much to say about the indicators. A large positive line on the daily line directly covers the entity of the negative line, and the moving average naturally turns upward. Now it is oscillating near the middle track.
Big cake operation suggestion: 63200~63700 箜, look at around 62400.
Yi Taifang operation suggestion: 3040~3060 箜, look at around 2970
Yesterday's prediction was very accurate, and the recent analysis of shipping conditions has been good, with no counter-indicators. Today, there are constant negative news:
1. GBTC resumed selling last night, and the largest seller started to sell again:
2. The Federal Reserve has been criticized for inflation issues and is expected to be difficult to cut interest rates in the short term;
3. Grayscale strangely withdrew its application for ETH ETF:
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